Vanuatu, Selected Issues and Statistical Appendix

Vanuatu, Selected Issues and Statistical Appendix
Title Vanuatu, Selected Issues and Statistical Appendix PDF eBook
Author
Publisher
Pages 48
Release 2002
Genre Vanuatu
ISBN

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Vanuatu

Vanuatu
Title Vanuatu PDF eBook
Author International Monetary Fund
Publisher International Monetary Fund
Pages 43
Release 2002-12-11
Genre Business & Economics
ISBN 1451840535

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This Selected Issues paper and Statistical Appendix summarizes the factors explaining Vanuatu’s recent growth performance, which has weakened since the mid-1990s. The paper highlights that Vanuatu’s annual rate of growth averaged 3⁄4 percent during 1997–2001, compared with 43⁄4 percent during 1992–1996. The paper compares Vanuatu’s external competitiveness with several other small island economies in the South Pacific region. The paper describes the development and structure of Vanuatu’s offshore financial center, examines its macroeconomic impact, and highlights some key recent developments. It also provides a preliminary assessment of the prospects for the sector.

Solomon Islands, Selected Issues and Statistical Appendix

Solomon Islands, Selected Issues and Statistical Appendix
Title Solomon Islands, Selected Issues and Statistical Appendix PDF eBook
Author
Publisher
Pages 78
Release 2005
Genre Solomon Islands
ISBN

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Vanuatu

Vanuatu
Title Vanuatu PDF eBook
Author International Monetary Fund. Asia and Pacific Dept
Publisher International Monetary Fund
Pages 85
Release 2015-06-16
Genre Business & Economics
ISBN 1513502778

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This 2015 Article IV Consultation highlights that Vanuatu’s Real GDP is expected to decline by 2 percent in 2015 because of the cyclone damage to Vanuatu’s main export sectors—tourism and agriculture—which will be only partially offset by reconstruction activities and infrastructure investment. Risks to the outlook are biased to the downside since reconstruction may be constrained by availability of funding and by implementation capacity. Public sector recovery needs are estimated at about 20 percent of GDP. In 2016, a recovery in tourism and agriculture combined with further ramping-up of infrastructure projects is expected to propel growth to 5 percent.

Samoa, Selected Issues and Statistical Appendix

Samoa, Selected Issues and Statistical Appendix
Title Samoa, Selected Issues and Statistical Appendix PDF eBook
Author
Publisher
Pages 50
Release 2003
Genre Samoa
ISBN

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Social Policies in Solomon Islands and Vanuatu

Social Policies in Solomon Islands and Vanuatu
Title Social Policies in Solomon Islands and Vanuatu PDF eBook
Author Biman C. Prasad
Publisher Commonwealth Secretariat
Pages 96
Release 2012
Genre Business & Economics
ISBN 1849290830

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Solomon Islands and Vanuatu are two small states that have struggled to develop successful social policies since independence. This study traces their social histories and examines factors that have hindered progress. Future development requires a move away from traditional social structures and a focus on political stability and economic growth.

Havens in a Storm

Havens in a Storm
Title Havens in a Storm PDF eBook
Author J. C. Sharman
Publisher Cornell University Press
Pages 305
Release 2018-10-22
Genre Political Science
ISBN 1501732900

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Small states have learned in recent decades that capital accumulates where taxes are low; as a result, tax havens have increasingly competed for the attention of international investors with tax and regulatory concessions. Economically powerful countries including France, Britain, Japan, and the United States, however, wished to stanch the offshore flow of domestic taxable capital. Since 1998 the Organisation for Economic Co-operation and Development (OECD) has attempted to impose common tax regulations on more than three dozen small states. In a fascinating book based on fieldwork and interviews in twenty-two countries in the Caribbean, North America, Europe, and islands in the Pacific and Indian Oceans, J. C. Sharman shows how the struggle was decided in favor of the tax havens, which eventually avoided common regulation. No other book on tax havens is based on such extensive fieldwork, and no other author has had access to so many of the key decision makers who played roles in the conflict between onshore and offshore Sharman suggests that microstates succeeded in their struggle with great powers because of their astute deployment of reputation and effective rhetorical self-positioning. In effect, they persuaded a transnational audience that the OECD was being untrue to its own values by engaging in a hypocritical, bullying exercise inimical to free competition.